The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
RBI had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...
The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI Governor, chaired his first Monetary Policy Committee (MPC) ...
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To promote cross-border transactions in rupees and other local or national currencies, the Reserve Bank of India (RBI), in collaboration with the central government, has reviewed the current ...
In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. Illustration ...
“Till now RBI has been infusing short term rupee liquidity through 14-day or 4- or 5-day term repo auctions, through which they lend to banks for the short term. RBI will need to infuse a ...
In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. The daily auctions, aimed at ...
RBI data showed. Treasury heads, however, believe the VRR operation alone will not help reverse the core liquidity deficit faced by the banking system. However, such operations would align the call ...
According to the RBI's 2020 revised liquidity framework, 14-day VRR/reverse repo auctions are considered the main liquidity operations, while shorter auctions are classified as "fine-tuning" measures.